Business briefing: 20 Nov 2013

Lebanon bombings ‘last straw’ for economy, plus other news

Tuesday’s bombing of the Iranian Embassy in Beirut will damage efforts to encourage investment in Lebanon, experts told The Daily Star, warning that another spate of deadly bombings linked to the war in Syria might be the last straw for the economy.

Iraq’s oil industry is poised for a second year of only modest growth in 2014, starting off slowly as extensive work at a major port curbs exports and red tape and violence prompt some oil firms to delay projects.